Do you have clear financial goals on where you want to be in 5 and 10 years time? Are you confident the path you're on at present is going to get you there? Are you confident the financial decisions you're making at the moment are going to ensure you reach your...

by Sian Williams In this mixed economic climate we are more than aware that some small businesses out there are struggling with cash flow and making ends meet. A thing to do during these times is carefully review your current business performance and analyse whether...

by Marjolyn Noble To quote Bob Dylan, ‘times they are a changin’ and something EASE likes to do is keep abreast with all of these changes. Social Media, once just a link to keep in touch with family and friends in different parts of the country or the even the...

Written by Padma Ganeswaran The basic Financial Statements of a company generally consists of the Balance Sheet, Profit & Loss Statement and the Statement of Cash Flows. The Balance Sheet shows what a company owns and what it owes at a fixed point in time. The...

Superannuation Guarantee Contributions - Some facts to consider Written by Drew Streitberg At EASE Business Services, we often receive enquiries from clients regarding employer obligations relating to employee...

by Drew Streitberg Each year the Federal Budget comes out with increasing fanfare and commentary from various sectors of the community due to Political parties and politicians themselves under every increasing scrutiny in the digital age. So what does it mean for you?...

By Donna Giese Business reports can be a bit of a mystery if you are not an Accountant. Most people are more familiar with the profit and loss statement, also known as the income statement. The profit and loss statement shows how a company has performed over a given...

Written by guest writer Michael Leyland Do you ever find yourself creating new products, services or processes because the ones available aren’t quite right or will just not do the job? Then you may be conducting R&D! If you are an Australian company conducting...

by Marjolyn Noble It’s no secret in the business world, with the current economic climate, cash flow is causing quite a bit of pain for some small businesses. With outstanding Debtor days increasing, or less receipts coming through the door, managing cash...

by Andrea Lyons Directors and company secretaries have a number of responsibilities under the Corporations Act. A breach of these duties may lead to the directors incurring personal liabilities, both civil and criminal. These duties include obligations to keep records...

by Padma Ganeswaran Businesses who generate less than $75 000 per year are not required to charge GST. In general there is a GST component of 10% in most of your business transactions. Some basic foods, education courses, medical health care, ie Doctors services and...

By Sian Williams Whether you’re introverted like me or a complete social-extraverted butterfly, every small business owner has gone through the often dreaded process of attending networking events. Every business requires the right market and the only way to reach the...

By Donna Giese Do you remember how complicated it used to be to process an employee final pay, the leave calculations, the tax calculations? Well, Xero has simplified the process for us. Simple terminations are now just that. Simple. But you still need to do your...

By: Drew Streitberg, Senior Business Advisor Recently I attended a 2-day seminar at the Australian Institute of Management for a “Time Management” course. I felt this was rather ironic at the time given the amount of work I currently had sitting in my in-tray...

written by Marjolyn Noble Most people would not consider building a house without putting down a solid and reliable foundation, yet when it comes to business all too often we see that this is often overlooked? ‘What business foundations are you talking about?’ I hear...

by Donna Giese By now, most of you will have your December BAS finalised or very close to. It is a good time to have a look at your results for this fiscal year and plan for the remainder of the 2016 FY …. The Profit and Loss report is a good place to start, by...

As a small business owner, once Xero is installed, many think that’s the end of the road in terms of having a good accounting system to ensure the best chance of business success. Sorry but the fun doesn’t end there. Your accounting system is only as good as the way...

by Marjolyn You've taken the step and started a great business. So, how do you get your customers to pay you on time to keep the cash flow cycle humming? Here is a list of suggestions that will assist in keeping the cash flowing into your accounts so your business can...